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Negaunee district finances continue in good condition

Some good news came out of the Negaunee School District recently that deserves commentary.

The school board there reported what a great many school districts in the region and state wish they could report: The most recent audit finds the system’s finances in good condition.

Prepared by Anderson, Tackman & Co., the review found that the fund balance on June 30 was $2.1 million. Of that amount, $1.6 (million) is unassigned, which is money that can be used for varying purposes, according to Superintendent Dan Skewis.

The district also increased its fund balance by about $86,000 at the end of the 2013-14 school year, Skewis said, when it was originally anticipating losing roughly $127,000.

Further, Skewis noted if the district’s current projections hold true, it will have to transfer more than $400,000 from the fund balance in order to balance the budget, which would leave about $1.7 million in the fund.

It’s been our opinion that the Negaunee district has long been a well-run operation.

Respected Jim Derocher, who retired as superintendent after the 2013-14 school year, had a lot to do with that.

By all accounts, Skewis is picking up where Derocher left off.

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